REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$5,144 (target)

3810 Forest Beach Drive NW, Gig Harbor, WA 98335

3 beds • 3 baths • 3242 sqft

$2,094,300

View on Zillow
Email

This property looks like a bad Long-Term investment with a projected -23.76% first-year return on $440k initial cash invested.

-23.76%

Cash On Cash

1.17%

Cap Rate

0.19

DSCR

$5,144

Rent

-$8,707

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,144 income − $13,851 expenses = $8,707 out of pocket

Income$5,144Out of Pocket$8,707Mortgage P&I$10,485204%Property Taxes$1,26625%Insurance$76315%Management$51410%CapEx$2575%Vacancy$3096%Maintenance$2575%

Investment Breakdown

|

Purchase Price

$2094k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$440k

Downpayment

20%

$419k

Closing costs

1%

$20,943

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$5,144

Total Expenses

$13,851

Mortgage P&I

204%

$10,485

Property Taxes

25%

$1,266

Home Insurance

15%

$763

HOA

0%

$0

Property Management

10%

$514

CapEx

5%

$257

Vacancy

6%

$309

Maintenance

5%

$257

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis